Scot Young Research Limited WEST MIDLANDS


Scot Young Research started in year 1950 as Private Limited Company with registration number 00481830. The Scot Young Research company has been functioning successfully for seventy four years now and its status is active. The firm's office is based in West Midlands at Lye By Pass. Postal code: DY9 8HG. Since March 22, 2005 Scot Young Research Limited is no longer carrying the name Syr.

At present there are 3 directors in the the company, namely Sally S., Gareth D. and Lee Y.. In addition one secretary - Gareth D. - is with the firm. At present there are several former directors listed by the company. In addition, the company lists several former secretaries. The full list of both former directors and former secretaries might be found in the box below.

Scot Young Research Limited Address / Contact

Office Address Lye By Pass
Office Address2 Lye Stourbridge
Town West Midlands
Post code DY9 8HG
Country of origin United Kingdom

Company Information / Profile

Registration Number 00481830
Date of Incorporation Fri, 5th May 1950
Industry Manufacture of other plastic products
End of financial Year 31st August
Company age 74 years old
Account next due date Fri, 31st May 2024 (32 days left)
Account last made up date Wed, 31st Aug 2022
Next confirmation statement due date Sun, 3rd Nov 2024 (2024-11-03)
Last confirmation statement dated Fri, 20th Oct 2023

Company staff

Sally S.

Position: Director

Appointed: 02 January 2024

Gareth D.

Position: Secretary

Appointed: 07 July 2023

Gareth D.

Position: Director

Appointed: 08 November 2018

Lee Y.

Position: Director

Appointed: 09 February 2018

Gemma W.

Position: Secretary

Appointed: 23 April 2021

Resigned: 07 July 2023

Sally S.

Position: Secretary

Appointed: 01 January 2021

Resigned: 22 April 2021

Kimberley Y.

Position: Director

Appointed: 09 February 2018

Resigned: 16 January 2022

Surjinder D.

Position: Secretary

Appointed: 07 December 2012

Resigned: 31 December 2020

Lee S.

Position: Director

Appointed: 01 December 2008

Resigned: 16 February 2022

Dave D.

Position: Secretary

Appointed: 10 June 1995

Resigned: 07 December 2012

Roy H.

Position: Director

Appointed: 14 November 1994

Resigned: 21 June 1996

Nicola R.

Position: Director

Appointed: 14 November 1994

Resigned: 07 January 2008

Samuel M.

Position: Director

Appointed: 14 November 1994

Resigned: 08 April 1996

Anthony J.

Position: Director

Appointed: 14 November 1994

Resigned: 09 February 2018

Leonard B.

Position: Director

Appointed: 30 November 1991

Resigned: 08 December 1995

Scot Y.

Position: Director

Appointed: 30 November 1991

Resigned: 01 December 2008

Raymond G.

Position: Director

Appointed: 30 November 1991

Resigned: 10 June 1995

People with significant control

The list of PSCs that own or control the company consists of 1 name. As BizStats found, there is Scot Young Ltd from Brampton, Canada. This PSC is classified as "a limited company", has 75,01-100% voting rights and has 75,01-100% shares. This PSC has 75,01-100% voting rights and has 75,01-100% shares.

Scot Young Ltd

18 Automatic Road, Units 5 & 6, Brampton, On. L6s 5n5, Canada

Legal authority Corporations Act
Legal form Limited Company
Notified on 20 October 2016
Nature of control: 75,01-100% shares
75,01-100% voting rights

Company previous names

Syr March 22, 2005
Scot Young Research January 28, 2000

Annual reports financial information

Profit & Loss
Accounts Information Date 2015-08-312016-08-312019-08-312020-08-312021-08-312022-08-31
Balance Sheet
Cash Bank On Hand2 519 6652 624 3285 557 8604 747 0343 512 7201 383 976
Current Assets9 026 2239 803 83213 662 25913 187 74512 038 24711 222 416
Debtors4 647 0795 020 9145 897 2305 200 5925 961 6646 162 420
Net Assets Liabilities7 622 9868 929 54011 860 27912 413 50511 953 09311 860 233
Other Debtors  1 260 259754 24144 382515 442
Property Plant Equipment3 381 0633 441 9493 547 3864 795 2685 500 0815 782 614
Total Inventories1 859 4792 158 5902 207 1693 240 1192 563 8633 676 020
Other
Audit Fees Expenses  16 50016 50019 500 
Accrued Liabilities Deferred Income  1 325 5581 007 4781 128 6071 172 007
Accumulated Depreciation Impairment Property Plant Equipment5 216 1305 230 7555 385 3365 366 1665 544 8655 689 611
Additions Other Than Through Business Combinations Property Plant Equipment   204 138321 231449 368
Administrative Expenses4 293 6964 140 9184 477 1574 723 1564 265 9805 177 172
Amounts Owed By Group Undertakings267 066282 066714 499282 066846 580 
Amounts Owed To Group Undertakings364 698364 698364 698364 698365 404386 387
Average Number Employees During Period  120121115123
Balances Amounts Owed To Related Parties    364 698 
Bank Borrowings2 790 4131 599 2951 192 5942 245 4261 476 010782 214
Bank Borrowings Overdrafts964 483747 0101 091 0821 449 299317 849116 954
Cash Cash Equivalents   6 190 4994 920 2842 281 374
Cash Cash Equivalents Cash Flow Value2 519 665 5 557 8604 747 0343 512 720 
Comprehensive Income Expense1 145 7571 306 554806 6271 703 226313 509307 140
Corporation Tax Payable113 975257 176145 078 5136 039
Corporation Tax Recoverable  346 739451 129600 683309 997
Cost Sales11 337 66311 672 24312 338 54912 849 72514 295 73717 494 108
Creditors964 483747 0101 091 0821 449 2991 158 1615 346 674
Current Tax For Period115 531194 753129 199-56 391-23 18537 253
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences  -13 42616 09032 871-110 358
Depreciation Expense Property Plant Equipment406 457428 650441 641337 573295 556 
Depreciation Impairment Expense Property Plant Equipment  441 641337 573295 556 
Distribution Costs333 356307 249335 565275 149195 282213 628
Dividends Paid   1 150 000975 000 
Dividends Paid Classified As Financing Activities   -1 150 000-975 000-400 000
Dividends Paid On Shares Interim   1 150 000975 000 
Double Taxation Relief   -347  
Fixed Assets4 047 1214 108 0074 213 4445 461 3266 367 2186 649 751
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities  -663 256-1 052 832769 416 
Further Item Interest Expense Component Total Interest Expense 3 5 025  
Further Item Tax Increase Decrease Component Adjusting Items  65 26 293165 731
Future Minimum Lease Payments Under Non-cancellable Operating Leases26 53439 795126 943104 93243 499 
Gain Loss Due To Foreign Exchange Differences Before Tax In Other Comprehensive Income    96 084182 921
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables191 648570 996-738 184703 702-509 695 
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables-180 565-311 335480 151-801 028611 518 
Gain Loss In Cash Flows From Change In Inventories  -16 6851 032 950-676 256 
Gain Loss On Disposals Property Plant Equipment  3 1996 98826 667-1 081
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income  243 7601 634 746679 138428 547
Government Grant Income   268 03689 710128 748
Gross Profit Loss4 957 7765 669 6185 156 5934 399 1333 564 9223 736 118
Income From Related Parties402 537252 182208 32089 833180 913 
Income Taxes Paid Refund Classified As Operating Activities-44 477-114 052-152 009-193 424-116 239327 314
Income Tax Expense Credit On Components Other Comprehensive Income     110 358
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation703 548104 663-1 456 952810 825  
Increase Decrease In Cash Cash Equivalents From Foreign Exchange Differences    54 026182 921
Increase Decrease In Current Tax From Adjustment For Prior Periods-96 852 65 -10 370-68 355
Increase From Depreciation Charge For Year Property Plant Equipment 454 391 337 573295 556558 149
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings  54 27267 53558 36268 831
Interest Income On Bank Deposits  6 6794 7591 4803 546
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss  6 6794 7591 480 
Interest Paid Classified As Operating Activities-72 650-57 118  -58 362-66 138
Interest Payable Similar Charges Finance Costs79 20760 36554 27272 56058 36266 138
Interest Received Classified As Investing Activities  -6 679-4 759-1 480-3 546
Investments  666 058666 058666 058 
Investments Fixed Assets666 058666 058666 058666 058666 058867 137
Investments In Associates    867 137867 137
Key Management Personnel Compensation Total  306 145335 813374 854 
Net Cash Flows From Used In Financing Activities582 1031 191 118-663 25697 168  
Net Cash Flows From Used In Investing Activities295 099408 953439 481-61 039  
Net Cash Flows From Used In Operating Activities-1 580 750-1 704 734-1 233 177774 696-803 186 
Net Cash Generated From Operations-1 704 434-1 879 151-1 439 458508 712-977 7871 496 570
Net Current Assets Liabilities4 733 2575 770 3148 798 5148 478 1657 297 250 
Net Finance Income Costs  6 6794 7591 4803 546
Net Interest Paid Received Classified As Operating Activities  -54 272-72 560-58 362 
Operating Profit Loss1 129 7411 572 041726 29896 327134 465-769 782
Other Comprehensive Income Expense Before Tax    775 222501 110
Other Creditors51 55869 1271 728 8461 420 6731 583 5851 934 533
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment   32 87476 800207 102
Other Disposals Property Plant Equipment   286 30476 800244 335
Other Interest Receivable Similar Income Finance Income1 8462 1646 6794 7591 4803 546
Other Operating Income Format1799 017350 590382 427695 4991 030 805 
Other Taxation Social Security Payable242 182276 500195 470188 886296 677 
Payments To Related Parties77 59864 6191 3633 924  
Pension Other Post-employment Benefit Costs Other Pension Costs  37 78752 15247 54150 526
Percentage Class Share Held In Associate 49   49
Percentage Class Share Held In Subsidiary 100   100
Prepayments Accrued Income  326 144385 272440 458756 935
Proceeds From Sales Property Plant Equipment-400-10 042-4 668-260 418-26 667 
Profit Loss1 145 7571 210 225562 86768 48078 027-11 049
Profit Loss On Ordinary Activities Before Tax1 052 3801 413 840678 70528 52677 583-1 495 298
Property Plant Equipment Gross Cost8 597 1938 672 7048 932 72210 161 43411 044 94611 472 225
Purchase Property Plant Equipment-297 345-421 159-450 828-204 138-321 231 
Raw Materials Consumables  2 207 1693 240 1192 563 8633 676 020
Research Development Expense Recognised In Profit Or Loss  294 823572 628254 190 
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment -357 486 -323 869-40 057-206 301
Social Security Costs  17 348330 062246 274270 955
Staff Costs Employee Benefits Expense  3 173 9383 373 0083 289 3433 532 896
Taxation Including Deferred Taxation Balance Sheet Subtotal  60 59776 687109 558 
Tax Decrease From Utilisation Tax Losses    7 9067 701
Tax Decrease Increase From Effect Revenue Exempt From Taxation     -20 000
Tax Expense Credit Applicable Tax Rate216 590282 768128 9545 42014 741 
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit     -36 801
Tax Increase Decrease From Effect Capital Allowances Depreciation21 88118 02423 7367 611  
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss-122 940-106 039-36 917-65 259-31 34849 309
Tax Increase Decrease From Effect Foreign Tax Rates   347240-35 921
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward   11 92781 796269 619
Tax Tax Credit On Profit Or Loss On Ordinary Activities-93 377203 615115 838-39 954-444-141 460
Total Assets Less Current Liabilities8 780 3789 878 32113 011 95813 939 49113 463 389 
Total Borrowings  1 091 0821 449 299317 849116 954
Total Current Tax Expense Credit18 679194 753129 264-56 044-33 315-68 355
Total Increase Decrease From Revaluations Property Plant Equipment -261 158 1 310 878639 081222 246
Trade Creditors Trade Payables679 058781 6631 002 583931 7181 050 0991 630 349
Trade Debtors Trade Receivables3 521 1213 355 3093 249 5893 283 6804 029 5613 836 091
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment   -248 597-99 825-84 267
Transfers To From Retained Earnings Increase Decrease In Equity  20 942-18 744  
Turnover Revenue16 295 43917 341 86117 495 14217 248 85817 860 65921 230 226
Wages Salaries  3 118 8033 219 4242 995 5283 211 415
Company Contributions To Defined Benefit Plans Directors  1 9032 6292 634 
Director Remuneration135 463140 893181 263214 087202 483 
Director Remuneration Benefits Including Payments To Third Parties  183 166216 716205 117 
Number Directors Accruing Benefits Under Money Purchase Scheme22    
Accrued Liabilities1 015 5651 432 069    
Accumulated Amortisation Impairment Intangible Assets100 000     
Additional Provisions Increase From New Provisions Recognised 8 862    
Applicable Tax Rate2120    
Depreciation Amortisation Expense460 004454 392    
Disposals Decrease In Depreciation Impairment Property Plant Equipment 82 280    
Disposals Property Plant Equipment 84 490    
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax 96 329    
Further Operating Expense Item Component Total Operating Expenses59 2896 439    
Gain Loss Before Tax On Sale Discontinued Operations -100 000    
Gain Loss On Disposal Assets Income Statement Subtotal-55210 042    
Increase Decrease Due To Transfers Between Classes Property Plant Equipment 237 105    
Increase Decrease In Stocks Inventories Finished Goods Work In Progress-89 437299 111    
Intangible Assets Gross Cost100 000     
Interest Expense On Bank Loans Similar Borrowings28 10124 000    
Interest Expense On Bank Overdrafts44 54933 115    
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts6 5573 247    
Loans Owed By Related Parties550 455204 549    
Loans Owed To Related Parties-9 163-4 740    
Merchandise1 859 4792 158 590    
Net Assets Liabilities Associates-2 883 774-4 297 828    
Net Assets Liabilities Subsidiaries-607 85457 929    
Net Interest Received Paid Classified As Investing Activities-1 846-2 164    
Number Shares Issued Fully Paid 100    
Other Comprehensive Income Expense Net Tax 96 329    
Other Deferred Tax Expense Credit-112 0568 862    
Other Investments Other Than Loans914 383901 383    
Par Value Share 1    
Prepayments94 858316 293    
Proceeds From Borrowings Classified As Financing Activities-48 429     
Profit Loss From Continuing Operations Associates285 246922 934    
Profit Loss Subsidiaries121 056-30 236    
Provisions192 909201 771    
Provisions For Liabilities Balance Sheet Subtotal192 909201 771    
Repayments Borrowings Classified As Financing Activities-630 532-1 191 118    
Restructuring Costs -13 001    
Tax Increase Decrease From Other Short-term Timing Differences-112 0568 862    
Total Additions Including From Business Combinations Property Plant Equipment 421 159    

Company filings

Filing category
Accounts Address Annual return Capital Change of name Confirmation statement Miscellaneous Mortgage Officers Persons with significant control Resolution
Group of companies' accounts made up to August 31, 2022
filed on: 31st, August 2023
Free Download (40 pages)

Company search

Advertisements